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Auditor Exonerated Where Allegations of Forcible Portal Access and Obstruction of Incoming Auditor Not Proved: ICAI Board of Discipline Closes Case – Gajendra Prasad Panda vs. CA Amara Kanta Padhy
Facts of the CaseA complaint dated 14
December 2022 was filed by Shri Gajendra Prasad Panda alleging professional
misconduct against CA Amara Kanta Padhy, who had earlier acted as his statutory
auditor. The complainan...
Holding Certificate of Practice While in Full-Time Employment Violates Regulation 190A and Constitutes Professional Misconduct: ICAI Board of Discipline Reprimands CA – In Re: Abhay Batra
Facts of the CaseDisciplinary
proceedings were initiated In Re: CA Abhay Batra based on information
provided by the Informant. The matter related to the period during which the
Respondent held a full-time Certificate ...
CA Reprimanded for Other Misconduct in Bank Loan Fraud Case Involving Fake Documents: ICAI Board of Discipline – Shri Sudip Roy (CBI) vs. CA Gopal Pitti
Facts of the CaseA complaint was filed by Shri Sudip Roy, Superintendent of Police and
Head of Branch, Central Bureau of Investigation, Economic Offence Wing,
Kolkata, against CA Gopal Pitti, Partner of M/s G. Pitti &a...
Former Partner Exonerated of Alleged Misappropriation of Audit Records: ICAI Board of Discipline Finds No Evidence of Misconduct – CA Ajay Bhargava vs. CA Vivek Beriwal
Facts of the CaseA complaint was filed by CA Ajay Bhargava against CA Vivek Beriwal, a
former partner of M/s Bhargava Ajay & Associates. The Respondent was
admitted as a partner of the complainant firm with effect ...
Complaint Dismissed as Void Ab Initio for Lack of Authorisation: ICAI Board of Discipline Declines to Examine Merits in Auditor NOC Dispute – Ashraf Gani vs. CA Vikash Thakur
Facts of the CaseThe Respondent firm
was appointed as the Statutory Auditor of M/s Lo Faro Shop Pvt. Ltd. for
Financial Years 2020–21, 2021–22 and 2022–23 vide appointment letter dated 28
August 2021. Prior to t...
Chartered Accountant Removed from Register for Offensive and Threatening Social Media Posts Against Government Officials: Disciplinary Order in CA Vivek Kumar Singh (ICAI)
Facts of the CaseDisciplinary
proceedings were initiated against CA Vivek Kumar Singh (M. No. 304049),
Kolkata, in respect of tweets posted on 15th and 26th March 2022 from his
verified Twitter handle @Vivek_Romee. Th...
Chartered Accountant Removed from Register for Three Months for Compromising Auditor Independence and Facilitating Fund Diversion: Disciplinary Order in Parag Manere vs. CA Naresh Kishore Singh Rajpurohit (ICAI)
Facts of the CaseThe
disciplinary proceedings arose from a complaint filed by Mr. Parag Manere,
Deputy Commissioner of Police, Economic Offence Wing, Mumbai, in connection
with a large-scale real estate fraud relating...
CA Reprimanded for Gross Negligence in Safeguarding Digital Signature Certificate and Non-Cooperation with ROC Investigation: ICAI Board of Discipline – DROC Kolkata vs. CA Pratik Kotecha
Facts of the CaseA complaint was filed by Shri Vineet Rai, Deputy Registrar of Companies,
West Bengal (subsequently redesignated as Shri Afsar Ali, DROC, WB), against CA
Pratik Kotecha, Partner of M/s Pratik & Co. ...
No Locus Standi and No Professional Misconduct Where NOC Was Withheld Due to Non-Payment of Audit Fees and Complaint Was Filed by Unauthorized Person: Ambuj Sharma vs. CA Heetendra Kumar Jain (ICAI Board of Discipline)
Facts of the CaseThe respondent, CA Heetendra
Kumar Jain, was the statutory auditor of M/s Bensfurt Internet Private Limited
and resigned on 11.08.2020. He duly filed Form ADT-3 (Notice of resignation by
auditor) on 1...
Chartered Accountant Not Guilty Where Allegations of Trust Fund Misappropriation and Fraud Remained Unsubstantiated and Contradicted by Judicial and Investigative Findings: Bhavana Pundlikrao Gawali vs. CA Upendra Gunwantrao Muley (ICAI Board of Discipline)
Facts of the
CaseThe complainant, Ms. Bhavana Pundlikrao Gawali,
former Member of Parliament, was the founder of M/s Mahila Utkarsh Pratishtha
Trust, later converted into a Section 8 Company. Owing to her professional...